Overview
The Flexible Rollover Product (FRP) acts as a versatile "holding" account. It allows you to keep your super within the Super SA environment even after you have left public sector employment, or to consolidate multiple super accounts into one manageable place before starting an income stream.
Key Features
Insurance Continuity: If you act within 60 days of leaving the public sector, you can often transfer your Triple S Death and TPD insurance to the FRP without needing new medical evidence.
Consolidation Hub: A simple way to bring outside super funds into the Super SA ecosystem to reduce multiple fees and simplify your administration.
Flexible Contributions: While the FRP doesn't accept employer contributions, it allows for personal lump sum contributions ($1,000 minimum) and spouse contributions.
Low-Cost Structure: Benefit from a competitive administration fee ($1.35/week + 0.05% asset-based fee) and no entry or exit fees.
Who it May Suit
Past or current public sector employees who want to maintain their relationship with Super SA.
Members who have left the SA Government but want to protect their hard-earned insurance cover.
Spouses of Super SA members who wish to open their own account.
How Humble Goode Can Help
The FRP is often the "bridge" between your working life and retirement. We support you by:
The 60-Day Insurance Strategy: Ensuring your application to continue cover is processed correctly before the strict deadline expires.
Tax Efficiency Planning: Managing the transition from an "untaxed" fund (like Triple S) to the "taxed" FRP, ensuring the $15% tax on rollover is calculated accurately.
Withdrawal Strategy: Helping you manage access to your "unpreserved" money while ensuring you maintain the required $6,500 minimum balance to keep your account and insurance active.
Spouse Strategy: Assisting with Spouse Superannuation Tax Offsets when contributing to a partner's FRP account.
Documents and Resources
Access the latest official Flexible Rollover Product documentation via the Super SA portal:
Why Professional Advice Matters
While Super SA provides excellent schemes, they do not provide personal financial planning. Their role is to provide information about their products, not to tell you which strategy is right for your life.
At Humble Goode, we bridge that gap. We look at your Super SA entitlements in the context of your entire financial world—your family goals, your other assets, and your dreams for the future.
Advisory Fees – What to Expect
Professional financial advice is an investment in your future. To ensure you receive a comprehensive and tailored review of your Super SA position, we charge an initial consultation fee of $330.00 (inc. GST).
During this session, we dive deep into your specific scheme entitlements, identify potential risks or opportunities (such as insurance gaps or tax caps), and provide you with a clear path forward. If you choose to engage us for ongoing advice or a full Statement of Advice, this fee may be credited toward your total project cost.
General Advice Disclaimer The information on this website is general in nature and does not take into account your personal objectives, financial situation, or needs. You should consider whether the information is appropriate for you and read the relevant Product Disclosure Statement (PDS) before making any investment decision. Humble Goode Financial Pty Ltd (ABN 69 142 070 808) is an Australian Financial Services Licensee (AFSL 349026).